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San Jose, California-based Super Micro Computer, Inc. (SMCI) develops and manufactures high-performance server and storage solutions based on modular and open architecture. With a market cap of $19.9 billion, Super Micro’s operations span the United States, Europe, Asia, and internationally.
The tech major is expected to announce its third-quarter results on Tuesday, Apr. 29. Ahead of the event, analysts expect SMCI to report an adjusted EPS of $0.38, down a staggering 42.4% from $0.66 reported in the year-ago quarter. While SMCI has missed Street’s bottom-line projections once over the past four quarters, it has surpassed the estimates on all other occasions.